The Dominican Republic's metropolitan bus service OMSA needs to expand its bus fleet to meet the needs of capital Santo Domingo and Santiago city, local paper Listín Diario reported.
Currently, 200 buses are in circulation of whic...

Mujica to promote private participation in infrastructure development (Uruguay)

2010-03-04

Uruguay needs to implement new financing models to promote the participation of the private sector in the development of transport infrastructure, President José Mujica said in a government release.
Without help from the private sector, projects risk having to be postponed, the presi...

UK reinsurer Catlin to launch operations in March (Regional)

2010-03-04

UK reinsurer Catlin will open a representative office in Bogotá - through which it will serve all of Latin America - on March 4, Colombian daily La República reported.
Catlin will offer reinsurance in the commercial real estate, civil, professional and construction liability s...

Nariz del Diablo tunnel to be ready by March 15 (Colombia)

2010-03-03

Colombia's Nariz del Diablo tunnel, connecting capital Bogotá to Tolima department's Melgar district, will be ready by March 15, local paper Portafolio reported.
The 4.2km tunnel, which required an investment of over US$100mn, is part of the concessioned highway Bogotá-Girardo...

Metro line 1 attracts 7 contenders (Panama)

2010-03-03

A total of six consortiums and one company presented documentation on March 1 in the prequalification process to build Panama City's metro line 1, the presidential website reported.
The CIMA consortium is led by Spanish firm Acciona Infraestructuras and also includes Japanese companies Mits...

Insured earthquake losses in the US$3bn-8bn range - Eqecat (Chile)

2010-03-03

US catastrophe modeling company Eqecat has put insured losses caused by the magnitude 8.8 earthquake that occurred off the coast of central and southern Chile on February 27 in the US$3bn-8bn range, or 25% of total economic losses.
This loss represents 15-40% of the estimated insured limits...

MOPT to start bridge replacement in April (Costa Rica)

2010-03-03

Costa Rica's public works and transport ministry (MOPT) will start replacing damaged rope bridges with bailey bridges throughout the country in mid-April, deputy MOPT minister Pedro Castro told BNamericas.
The highest priorities are the San Jerónimo de Esparza bridge over the Barranc...

Govt takes over Táchira state and establishes US$616mn budget for works (Venezuela)

2010-03-01

Venezuelan Táchira state's new "revolutionary" government council has been assigned a 1.3bn-bolívar (US$616mn) budget to invest during 2010, state news agency ABN reported.
The national government established the council on February 24 to replace the opposition-ruled...